Given the following information, prepare a production report with materials added at the beginning and ending work
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Given the following information, prepare a production report with materials added at the beginning and ending work in process inventory being 80% complete with regard to conversion costs.
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Costs to Account For Beginning inventory: materials Beginning inventory: conversion Direct material Direct labor Applied overhead Transferred-in materials Transferred-in conversion Total costs to account for $ 25,000 30,500 2,000 45,000 11,840 12,015 33,500 $159,855 Units to Account For Beginning work in process Units started into production Transferred out 4,000 9,500 9,600
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Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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